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Built by Business: Amazon FBA, E-Commerce, Brand Building

#25 - Balancing Startup Costs and Your Budget for Amazon FBA

Built by Business: Amazon FBA, E-Commerce, Brand Building

Andy Isom | Amazon FBA Seller & Agency Founder

Business, Entrepreneurship, Marketing

4.9816 Ratings

🗓️ 25 November 2020

⏱️ 15 minutes

🧾️ Download transcript

Summary

From Lesson #5 in my E-Book about balancing your startup costs. This episode will go in-depth about how much money you should have ready to launch your own private label brand! I'll talk about what you'll need that for and why. Your budget has a big impact on the decisions you make for your business and can GREATLY affect your long term results!

 

⬇️ Click to view my available resources!

https://andyisom.com/

 

Some products and resources mentioned in this episode may no longer be offered. Please visit my website or DM me on social media for currently available downloads, resources, and coaching programs!

Transcript

Click on a timestamp to play from that location

0:00.0

There's two types of people who start Amazon FBA businesses from my experience, from what I've

0:06.1

observed. I'm going to explain the different decisions that these types of people make.

0:10.0

This is a very, very important topic to cover. It's a topic that so many of my students, my

0:16.1

coaching students bring up. It's actually a topic that I cover with a lot of my discovery calls

0:19.9

for those of you interested in private one-on-one coaching. This is the business model that we followed. I know that

0:26.1

this works.

0:33.0

What's up? You're listening to another episode of Selling on Amazon with Andy Isam.

0:38.8

In this episode, we're going to talk all about balancing your budget, your startup costs for starting an Amazon FBA business.

0:48.3

This comes from lesson five in my guide, 67 lessons learned on going from zero to $200,000 in sales with our Amazon FBA business.

0:58.9

This is a very, very important topic to cover.

1:02.8

It's a topic that so many of my students, my coaching students bring up.

1:06.5

It's actually a topic that I cover with a lot of my discovery calls for those of you interested in

1:10.8

private one-on-one coaching. And if you are someone that's interested in private coaching,

1:14.9

for me to help you every step of the way with your business, you can go to my website,

1:19.1

andyisem.com, to learn more about that. But let's jump in right to the content of this episode.

1:25.3

There's two types of people who start Amazon FBA businesses from my

1:30.4

experience, from what I've observed. I'm going to actually break it down for you in this episode.

1:35.0

So I'm going to pull my little whiteboard here. If you're watching us over on YouTube,

1:39.2

this might be a little bit more helpful visually, I guess, than if you're listening on the podcast.

1:43.9

But there's two types of people.

1:45.8

I'm going to put low for like low quality and high for high quality.

1:51.4

Not their high or low quality individual, like as a person, but low quality budget versus

...

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